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Premium Nickel upsizes Botswana financing to $20 million
Premium Nickel Resources (TSXV: PNRL) has upsized its non-brokered equity financing to C$27.5 million ($20m) to be spent at its projects in Botswana. The financing was originally announced on June 5 for C$15 million ($10.9m). |
Indonesia issues annual nickel ore quota of 240mt for 3 years
Indonesia has issued an annual nickel ore output quota of around 240 million metric tons for the next three years, its Energy and Mineral Resources Minister Arifin Tasrif said on Friday. |
Magna reaches deal with Glencore to treat surface bulk sample
Magna Mining (TSXV: NICU) and Glencore Canada have signed an agreement to treat ore from the Crean Hill nickel-copper surface bulk sample of the 109 footwall at Glencore’s Strathcona mill in Sudbury, Ontario. |
Alaska Energy Metals expands footprint in Canada with Québec acquisition
Alaska Energy Metals (TSXV: AEMC) last week announced its intent to acquire 100% interest in the 3,320-hectare Bambino nickel-copper- platinum group element property in Québec, expanding its footprint in the province, which has become an exploration hotbed for... |
Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says
Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad said on Thursday. |
Nornickel forecasts lower global nickel surplus, bigger palladium deficit
Russian mining and metals giant Nornickel on Thursday lowered its forecast for the global nickel surplus this year, but said it expected a bigger global palladium deficit. |
Vale moves closer to deal for Onca Puma nickel mine to resume operations
Vale and the Brazilian state of Para have moved closer to an agreement that could allow the mining group to resume operations at its Onca Puma nickel mine. |
Horizonte goes into administration amid funding shortfall for Brazil nickel project
Horizonte Minerals has appointed Chad Griffin and Geoff Rowley as administrators, following its inability to secure full financing for the Araguaia nickel project, in Brazil. |
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